In light of the recent delisting of the RNDR token on Coinbase, there has been significant activity from large investors, indicating positive prospects for Render Network.
Impact of Delisting on RNDR Price
The delisting of RNDR in May 2025 had a short-term impact on the token's price. However, despite this, there has been active purchasing from large holders, suggesting a potential strategic accumulation.
Whale Accumulation and Optimism
According to Render Network founder Jules Urbach, "As we continue to innovate in the decentralized GPU rendering space, we anticipate significant growth and adoption of Render, aligning with the increasing demand for AI and 3D rendering solutions." This statement underscores the positive sentiment within this market segment.
Future Prospects for Render Network
The signs of substantial whale accumulation suggest potential price recovery for RNDR, contingent upon sustained technological advancements and investor support. Projections for 2025 indicate the possibility of prices reaching $26.23 if market conditions align with current technological pursuits and AI sector demands.
Whale activity, despite the delisting, may signal real growth prospects for Render Network, maintaining hopes for a successful future in the decentralized rendering sector.